Sunday, October 7, 2007

SAP to buy Business Objects for $6.8B

At BIWA Summit, there was a panel of BI experts. One of the panelist commented that his "wish" was that SAP buys Business Object. Why? It will be fun to see the dynamics of a German Company buy a French company.
Well as of the last hour that news is history:
http://www.businessweek.com/ap_working/financialnews/D8S4K2580.htm?chan=top+news_top+news+index_top+story

While the industry is still digesting the Hyperion acquistion by Oracle, this is another big one that will impact the future of BI. The panelists at BIWA Summit had predicted that the pure play BI vendors will find it hard to survive unless it is some niche open source players (Pentaho and the likes).

With these recent developments, it leaves Congnos as the next "eligible bachelor" waiting to get hitched in the BI space.

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